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Provisions Regarding Corporate Social Responsibility

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..... Provisions Regarding Corporate Social Responsibility - News and Press Release Dated:- 30-11-2012 - News - Press Information Bureau Government of India Ministry of Corporate Affairs 30-N .....

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..... ovember-2012 18:52 IST Clause 135 of the Companies Bill, 2011 , inter alia, provides for the specified companies to spend at least 2% of the average net profits (of last 3 years) in pursuance of t .....

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..... he company s Corporate Social Responsibility (CSR) policy and in case of failure, to specify the reasons for not spending such amount in the Board s Report. Giving this information in written reply to .....

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..... a question in the Lok Sabha, Shri Sachin Pilot, Minister of Corporate Affairs, said that in case the disclosure about such reasons in the Board s report is not made, the specified class of companies .....

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..... shall be liable for action under the provisions of the Companies Bill, 2011 which require disclosures to be made in the Board s report. CSR policy to be undertaken by the companies as specified in .....

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..... schedule VII of the Companies Bill, 2011. ------------------------ KKP - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI .....

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..... - TaxTMI - TMITax .....

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